Economy Bloomberg 2h ago

Coty Slides After Pulling Fiscal 2026 Guidance

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Coty Inc. shares declined after the company removed its fiscal 2026 guidance and announced a weaker-than-expected third quarter, indicating potential financial struggles.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Coty Inc. shares slid after the mass-market beauty company scrapped its fiscal 2026 outlook and warned of a weaker-than-anticipated third quarter.

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Original article published by Bloomberg on February 6, 2026.
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